Carenet Health, a leading partner in simplifying and powering the business of healthcare, announced that it is acquiring Health Dialog, a global provider of clinical decision support services. The acquisition will allow Carenet to use its combined platform, analytics and clinicians to improve efficiency and outcomes for its clients. Health Dialog offers personalized population health…
All posts tagged Rite Aid
Rite Aid files for bankruptcy, plans to close stores and restructure debt
Rite Aid, the struggling drugstore chain, has filed for Chapter 11 bankruptcy protection and announced a plan to restructure its debt and close underperforming locations. The company said it reached a deal with creditors on a $3.45 billion financing package that will provide enough liquidity for its turnaround strategy. The company has been facing slowing…
Rite Aid negotiating bankruptcy plan to close stores
Rite Aid is negotiating with creditors over the terms of a bankruptcy plan that would include closing roughly 400 to 500 stores, according to a report in the Wall Street Journal on Friday. The company operates more than 2,330 drugstores in 17 U.S. states, although it is much smaller than rivals such as Walgreens Boots…
Rite Aid to acquire Bartell Drugs
SEATTLE: Rite Aid and Bartell Drugs have entered into a definitive agreement under which Rite Aid will acquire Bartell Drugs. The transaction is expected to be accretive to Rite Aid’s adjusted earnings per share after the first 12 months following the closing of the transaction. The transaction is expected to close by the end of…